Oaktree Basic Administration LP has fabricated an advance in Orange County, California-based Montrose Environment Group Inc, an ecology casework company. No banking agreement were disclosed.
IRVINE, Calif.–(BUSINESS WIRE)–Montrose Ecology Group, Inc. (“Montrose”), a arch ecology casework company, appear today an advance fabricated by funds managed by Oaktree Basic Management, L.P. (“Oaktree”). Oaktree has partnered with Montrose to accommodate the aggregation with basic and cardinal abutment to aggrandize its brand as a arch provider of ecology services. Agreement of the advance were not disclosed.
Brook Hinchman, Senior Vice President at Oaktree comments, “We are aflame to accomplice with Montrose’s world-class administration team. Oaktree’s advance will acquiesce Montrose to advance its advance aisle and aggrandize its administration position in the industry. The ecology testing and casework industry is awful burst and Montrose is in an ideal position to consolidate the industry through a aggregate of amoebic advance and active on their accretion strategy.”
Vijay Manthripragada, Chief Executive Officer of Montrose comments, “We were actual accurate to baddest ally who are accumbent with our mission, culture, and strategy, and we are captivated to accept Oaktree accompany us as we abide to body a world-class ecology casework company. The Oaktree aggregation has lived up to its acceptability for accomplishing what it says and actuality additive, and I am attractive advanced to accepting them on our team. I accept their relationships and able acceptability will advice us as we abide to body Montrose. Montrose has enjoyed amazing success in its aboriginal years and as ecology casework become added important to our audience and our communities, the abutment of a arch accomplice like Oaktree should added ammunition our success, our adeptness to serve our clients, and our adeptness to allure and absorb the best talent.”
About Montrose Ecology Group, Inc.Montrose Ecology Group, Inc. (“Montrose”) is an ecology casework provider alms altitude and analytic casework as able-bodied as ecology resiliency and sustainability solutions to audience beyond a advanced arrangement of sectors. Montrose’s able engineers, scientists, technicians, associates, and action experts are appreciative of their aggregate ability and the collaborative attributes of our access to allowance clients. Montrose strives to optimize ecology resiliency in a way that finer complements its clients’ controlling and operations and calmly fulfills their activity requirements. Headquartered in Orange County, California, Montrose has over 50 offices beyond the country and over 1,100 advisers nationwide. For added advice about our company, amuse appointment www.montrose-env.com.
About OaktreeOaktree is a baton amid all-around advance managers specializing in another investments, with $122 billion in assets beneath administration as of June 30, 2018. The close emphasizes an opportunistic, value-oriented and risk-controlled access to investments in credit, clandestine equity, absolute assets and listed equities. The close has over 900 advisers and offices in 18 cities worldwide. For added information, amuse appointment Oaktree’s website at http://www.oaktreecapital.com/.
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